Nonprofit · EIN 39-1514176
GATEWAY INDUSTRIAL PARK CORPORATION
Tax-exempt · EAU CLAIRE, WI 54702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $620,855 | $423,854 | $197,001 | $8,807,575 | $2,073,145 | $6,734,430 |
| December 31, 2024 | 990 | $363,091 | $443,846 | -$80,755 | $8,724,355 | $2,186,926 | $6,537,429 |
| December 31, 2023 | 990 | $541,171 | $392,549 | $148,622 | $8,927,408 | $2,309,224 | $6,618,184 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $308,222
- Investment income
- $312,633
- Net gain from sales of assets
- $274,491
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $20,631
- Accounting fees
- $22,586
- Occupancy
- $39,528
- Depreciation
- $132,348
Balance sheet and other
- Total assets, start of year
- $8,724,355
- Total assets, end of year
- $8,807,575
- Total liabilities, end of year
- $2,073,145
- Net assets, end of year
- $6,734,430
- Land, buildings and equipment
- $6,389,157
- Net assets without donor restrictions
- $6,734,430
- Gross receipts
- $943,464
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1984
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARL HOESLY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVE SOLBERG | VICE PRESIDENT/ASSISTANT SECRETARY Trustee or director, Officer | 1 | $0 |
| BEN TRACHSEL | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARL HOESLY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVE SOLBERG | VICE PRESIDENT/ASSISTANT SECRETARY Trustee or director, Officer | 1 | $0 |
| BEN TRACHSEL | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARL HOESLY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVE SOLBERG | VICE PRESIDENT/ASSISTANT SECRETARY Trustee or director, Officer | 1 | $0 |
| BEN TRACHSEL | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 720, EAU CLAIRE, WI 54702-0720
- Principal officer (990 for 2025)
- KARL HOESLY, PO BOX 720, EAU CLAIRE, WI 54702
- Signed the 990
- KARL HOESLY, PRESIDENT
- Phone
- (715) 834-3411
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
GATEWAY INDUSTRIAL PARK CORPORATION'S PURPOSE IS TO ACQUIRE, OWN, AND DEVELOP INDUSTRIAL AND COMMERCIAL PROPERTY, TO SELL OR LEASE INDUSTRIAL AND COMMERCIAL PROPERTY, AND TO PROMOTE SAID PROPERTY FOR THE PURPOSE OF ENCOURAGING COMMERCIAL AND INDUSTRIAL DEVELOPMENT AND THE CREATION OF JOB OPPORTUNITIES IN AND AROUND EAU CLAIRE, WISCONSIN.
Program accomplishments
- THE CORPORATION OWNS AND OPERATES THE GATEWAY BUSINESS PARK IN THE CITY OF EAU CLAIRE, WI. THE CORPORATION WILL CONSIDER THE ECONOMIC IMPACT OF PROJECTS THAT PURCHASE PROPERTY FROM THE CORPORATION. BASED ON MERIT OF THE PROJECT, TIED TO BUILDING INVESTMENT AND JOBS CREATION, THE BOARD OF DIRECTORS WILL CONSIDER REDUCTION OF LAND PRICE REQUESTS ON A CASE BY CASE BASIS. THE CORPORATION ALSO OWNS AN INDUSTRIAL BUILDING THAT IT LEASES TO A MANUFACTURING TENANT.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1514176
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,807,575
- Income (IRS master file)
- $943,464
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $620,855 | $423,854 | $8,807,575 | XML |
| 990 | December 2024 | $363,091 | $443,846 | $8,724,355 | XML |
| 990 | December 2023 | $541,171 | $392,549 | $8,927,408 | XML |
| 990 | December 2022 | $443,235 | $392,219 | $8,376,671 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1514176).
Questions about GATEWAY INDUSTRIAL PARK CORPORATION
- What is the EIN of GATEWAY INDUSTRIAL PARK CORPORATION?
- The employer identification number (EIN) of GATEWAY INDUSTRIAL PARK CORPORATION is 39-1514176.
- Is GATEWAY INDUSTRIAL PARK CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
- Are donations to GATEWAY INDUSTRIAL PARK CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GATEWAY INDUSTRIAL PARK CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GATEWAY INDUSTRIAL PARK CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GATEWAY INDUSTRIAL PARK CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GATEWAY INDUSTRIAL PARK CORPORATION?
- The 990 for the year ended December 31, 2025 names KARL HOESLY.
- Who are the officers and directors of GATEWAY INDUSTRIAL PARK CORPORATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GATEWAY INDUSTRIAL PARK CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $620,855, expenses of $423,854 and total assets of $8,807,575 at year end.
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